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BW Businessworld

Impact Investing Is A Form Of Creating Shared Value: Mark Kramer

Mark Kramer, co-founder and managing director of consulting firm FSG, highlighted the limited role of philanthropy based corporate social responsibility in solving social problems

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Mark Kramer, co-founder and managing director of consulting firm FSG, highlighted the limited role of philanthropy based corporate social responsibility in solving social problems. He emphasised the need for profit to be a healthy aspiration, for that is what makes the whole endeavour sustainable. Nevertheless, the role of government and NGOs was inescapably significant, for therein the efficiencies based on learning curve arise.